Common use of Option Two Clause in Contracts

Option Two. (i) Annual payments of thirty percent (30%) of the employee’s pre-retirement regular annual salary until the end of the month of the employee’s 65th birthday; and (ii) Participation in the University’s benefit plans as per Clause 41.02.

Appears in 6 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

Option Two. (i) Annual payments of thirty percent (30%) of the employee’s pre-retirement pre-­‐retirement regular annual salary until the end of the month of the employee’s 65th birthday; and (ii) Participation in the University’s benefit plans as per Clause 41.02.

Appears in 1 contract

Sources: Collective Agreement